49 Wealth Management LLC Cuts Stake in American Century U.S. Quality Growth ETF $QGRO

49 Wealth Management LLC lessened its position in American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) by 50.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,021 shares of the company’s stock after selling 3,060 shares during the period. 49 Wealth Management LLC’s holdings in American Century U.S. Quality Growth ETF were worth $330,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Mainstay Capital Management LLC ADV grew its position in American Century U.S. Quality Growth ETF by 29.0% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 1,246,969 shares of the company’s stock worth $136,069,000 after purchasing an additional 280,019 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in shares of American Century U.S. Quality Growth ETF in the second quarter worth $28,495,000. LPL Financial LLC lifted its position in shares of American Century U.S. Quality Growth ETF by 17.0% in the first quarter. LPL Financial LLC now owns 1,608,582 shares of the company’s stock valued at $150,676,000 after acquiring an additional 233,371 shares in the last quarter. Intrua Financial LLC grew its holdings in American Century U.S. Quality Growth ETF by 141.5% during the 1st quarter. Intrua Financial LLC now owns 176,626 shares of the company’s stock valued at $16,545,000 after buying an additional 103,481 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in American Century U.S. Quality Growth ETF by 89.3% in the 1st quarter. Larson Financial Group LLC now owns 194,712 shares of the company’s stock valued at $18,239,000 after acquiring an additional 91,850 shares during the last quarter.

American Century U.S. Quality Growth ETF Price Performance

NYSEARCA QGRO opened at $113.72 on Monday. American Century U.S. Quality Growth ETF has a 1-year low of $80.25 and a 1-year high of $117.17. The business has a 50 day simple moving average of $113.95 and a two-hundred day simple moving average of $109.04. The stock has a market capitalization of $2.10 billion, a PE ratio of 32.09 and a beta of 1.10.

American Century U.S. Quality Growth ETF Company Profile

The American Century U.S. Quality Growth ETF (QGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks. Holdings are selected and weighted by growth and quality factors. QGRO was launched on Sep 10, 2018 and is managed by American Century Investments.